Tesla Investor Tells Detroit It's Lost Electric Car Race
California start-up Tesla Motors claims to be ahead of traditional automakers in the battle for electric-car supremacy, one of the company’s high-profile investors said today in an interview.
But the Palo Alto, Calif.-based company has only sold 100 cars so far this year and has cut in half its production target for the new Model S sports sedan, according to Wunderlich Securities analyst Theodore O'Neill.
Tim Draper, co-founder of $6 billion venture capital firm Draper Fisher Jurvetson, which has backed start-ups like SpaceX and Skype, said Elon Musk’s Tesla has the resources to beat the Detroit Three.
|<< PREVIOUS||NEXT >>|
Telsa CEO Elon Musk also asks customers for support.
VentureBeat gets early look at car that can seat 5 adults and two children.
15 Final Edition models are all painted in Atomic Red paint with dark stripes and anthracite aluminum wheels.
blog comments powered by Disqus